Honda Motors Research & Development Expenses

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Research and Development Expenses of Honda Motors

The table below shows the consolidated R & D Expenses of Honda Motors 2007-2017 in Millions of Yen.

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The automotive industry has become highly competitive in the 21st century and the automobile brands are investing heavily in both R&D and marketing for higher growth and to bring innovative products and technologies. For the fiscal year ended March 2017, Honda’s R&D expenses were 660 Billion Yen.

Sources:

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Honda 2017 Annual report